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Dec 30, 2012
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. >> right now, harry reid and mitch mcconnell are working on a so-called mini deal to prevent a tax increase for roughly 98% of american workers, extending unemployment benefits to nearly 2 million people, preventing cuts to medicare doctors. >> whenever we come up with will be in perfect. >> it comes up with president obama calls the bare minimum addressing tax cuts without doing anything to curb spending. >> we will get at best a patch and be here again in two months. congress cannot get out of its own way. >> average family would pay an extra $3,400 next year. >> the law says that every american's tax rates are going up. every american's paycheck will its mother. if that the impasse has shaken wall street, -- the impasse has shaken wall street. >> i think the likelihood is we go over the fiscal cliff. >> jim moran is wondering if partisan politics has destroyed the chance for any agreement. >> i don't think we will be up to reach a deal, no matter how small it might be. >> the american people are watching what we do. obviously, their patience is already thin. >> if senate leaders
. >> right now, harry reid and mitch mcconnell are working on a so-called mini deal to prevent a tax increase for roughly 98% of american workers, extending unemployment benefits to nearly 2 million people, preventing cuts to medicare doctors. >> whenever we come up with will be in perfect. >> it comes up with president obama calls the bare minimum addressing tax cuts without doing anything to curb spending. >> we will get at best a patch and be here again in two months....
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Dec 28, 2012
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senators reid and mcconnell are working on such an agreement as we speak. but, if an agreement isn't reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a basic package for an up-or-down vote, one that protects the middle class from an income tax hike, extends the vital lifeline of unemployment insurance to 2 million americans looking for a job, and lays the groundwork for future cooperation of more economic growth and deficit reduction. guys, i can hear you over here. i believe such proposal could pass both houses with bipartisan majorities, as long as those leaders allow it to actually come to a vote. if members of the house or the senate want to vote no, they can. but we should let everybody vote. that is the way this is supposed to work. if can you get a majority in the house, then can you get a majority in the senate, then we should be able to pass a bill. so the american people are watching what we do here. obviously their patience is already thin. this is deja vu all over again. america wond
senators reid and mcconnell are working on such an agreement as we speak. but, if an agreement isn't reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a basic package for an up-or-down vote, one that protects the middle class from an income tax hike, extends the vital lifeline of unemployment insurance to 2 million americans looking for a job, and lays the groundwork for future cooperation of more economic growth and deficit...
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Dec 29, 2012
12/12
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we know mitch mcconnell is here. we assume harry reid is here and their staffs are going back and forth. i spoke to one aide who said don't expect for any details to leak tonight. they'll be closed-lipped about this because the idea if anything does leak out it gives more of an opportunity for folks on either party to kill a deal if they don't like what they hear. some sort of a agreement will be announced tomorrow when the house is back in session and the senate is back in session and they can go back to say hey, this is the best opportunity. as far as the likelihood of this kraig, things have not been going well and there's optimism here and there and things are fluid like kristen says and it will be the final deal, but what we do know is these folks on capitol hill are very mindful of the damage that can be done to the economy if nothing is brief. we've had five down days in the stock market and we're preparing the country on tuesday for the first tax increase in 20 years, and i think finally at the end, that's st
we know mitch mcconnell is here. we assume harry reid is here and their staffs are going back and forth. i spoke to one aide who said don't expect for any details to leak tonight. they'll be closed-lipped about this because the idea if anything does leak out it gives more of an opportunity for folks on either party to kill a deal if they don't like what they hear. some sort of a agreement will be announced tomorrow when the house is back in session and the senate is back in session and they can...
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Dec 29, 2012
12/12
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only he and senator mcconnell have been here today. you know, i think the situation is such that after speaker boehner lost that vote, and there is walking in from earlier in the week, after speaker boehner lost the vote in his own caucus in the house, it was clear and he even said as much, that the senate needed to act. that's for a couple of reasons. one, the senate has that 60-vote threshold to get anything through and conservativives in the house want cover, they don't want to pass something and have it run into trouble in the senate because they would be sticking their neck out to some degree especially those conservatives or republicans worried about a tea party challenge next time around. so for a lot of reasons, everything has to start in the senate. that's why we're seeing a lot less of speaker boehner. but i think what's interesting in the capitol today martin, in the last few minutes we've seen the sun come out. this place is full of tourists. that kind of concern about the average american is getting these leaders to the ta
only he and senator mcconnell have been here today. you know, i think the situation is such that after speaker boehner lost that vote, and there is walking in from earlier in the week, after speaker boehner lost the vote in his own caucus in the house, it was clear and he even said as much, that the senate needed to act. that's for a couple of reasons. one, the senate has that 60-vote threshold to get anything through and conservativives in the house want cover, they don't want to pass...
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Dec 24, 2012
12/12
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senate majority leader harry reid, minority leader mitch mcconnell will have to try to hammer out some sort of a compromise to avoid going over the cliff, but as you pointed out in your introduction, a lot of senators over the weekend expressed concern that, in fact, we will go over the fiscal cliff. of course, if is that happens, the economy could eventually slip back into recession. one interesting point, thomas, though, last time that members of congress worked between christmas and new year's was 1996. that was during the government shutdown. this is really a rare occurrence for members of congress to have to come back and work out legislation that they went able to get done before the christmas holiday. >> the president is supposed to stay there for how long? >> well, of course, the white house not really giving us specifics about the president's travel plans at this point in time. the reality is i think the president is himself trying to figure out what he is going to do, but we do expect that he will cut his vacation short. you've heard the president himself during his press con
senate majority leader harry reid, minority leader mitch mcconnell will have to try to hammer out some sort of a compromise to avoid going over the cliff, but as you pointed out in your introduction, a lot of senators over the weekend expressed concern that, in fact, we will go over the fiscal cliff. of course, if is that happens, the economy could eventually slip back into recession. one interesting point, thomas, though, last time that members of congress worked between christmas and new...
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Dec 27, 2012
12/12
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just listen to senator mcconnell today. listen to this. >> i say i'm a little frustrated because we've been asking the president and the democrats to work with us on a bipartisan agreement for months. the president chose to spend his time on the campaign trail. now, republicans have bent over backwards. we stepped way, way out of our comfort zone. we wanted an agreement. but we had no takers. >> just to be factual, on november 29th, the president made his opening offer to the gop. mcconnell actually burst into laughter. you can't laugh at a non-proposal. on november 17th, the president made a second offer with concessions on taxes and entitlement. so here's three occasions. yet, they claim no proposal. or this is the first proposal. how do you deal people no leadership and that are not telling the truth? >> and to think the president cut short his christmas vacation to come back and deal with this situation, look, the president ran -- mitch mcconnell is the minority leader. but what was the president doing on the campaign t
just listen to senator mcconnell today. listen to this. >> i say i'm a little frustrated because we've been asking the president and the democrats to work with us on a bipartisan agreement for months. the president chose to spend his time on the campaign trail. now, republicans have bent over backwards. we stepped way, way out of our comfort zone. we wanted an agreement. but we had no takers. >> just to be factual, on november 29th, the president made his opening offer to the gop....
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Dec 30, 2012
12/12
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WBAL
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if mcconnell would prefer to talk to the vice president, democrats say they are fine with that. there is still significant differences, i'm told and so tonight, the senate will go home, they will be back tomorrow morning and we await news then. kate? >> kelly o'connell watching it all on capitol hill. president obama has been trying to turn the heat on congress this weekend, applying new pressure on this interview with david gregory on "meet the press." nbc's kristen welker has more on that angle from the white house. good evening. >> reporter: kate you good evening. the president has repeatedly blamed republicans for the fiscal cliff stalemate and now, he is doubling down on that criticism. on "meet the press," president obama continued his public campaign to pressure congress. >> if congress doesn't act, then everybody's taxes go up. and for the average family that could mean a loss of $2,000 in income and the whole economy could slow down at a time went economy's actually starting to pick up. >> reporter: he, again, called on lawmakers to strike a deal or hold a vote on his p
if mcconnell would prefer to talk to the vice president, democrats say they are fine with that. there is still significant differences, i'm told and so tonight, the senate will go home, they will be back tomorrow morning and we await news then. kate? >> kelly o'connell watching it all on capitol hill. president obama has been trying to turn the heat on congress this weekend, applying new pressure on this interview with david gregory on "meet the press." nbc's kristen welker has...
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Dec 30, 2012
12/12
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from the senate floor, words of optimism from minority leader mitch mcconnell. >> we're engaged in discussions, the majority leader and myself and the white house and in hopes that we can come forward as early as sunday and have a recommendation. >> reporter: harry reid took a cautionary town, perhaps to allay the fears of americans who are wonder how long going off the cliff will affect their paychecks. analysts say taxes on people making between 50,075,000 a year will go up an average of $2,500. >> whatever we go up is going to bem perfect. some people are not going to like it and some will like it less and that is where we are. i feel confident we have an obligation. >> reporter: president obama said that it's important for congress to vote on some type of package before it expires. >> if the agreement is not reached in time between senator reid and senator mcconnell, i will urge senator reid to bring to the floor a basic package for an up-or-down vote, one that protects the middle class from an income tax hike, extends the vital lifeline of unemployment insurance to two million americans l
from the senate floor, words of optimism from minority leader mitch mcconnell. >> we're engaged in discussions, the majority leader and myself and the white house and in hopes that we can come forward as early as sunday and have a recommendation. >> reporter: harry reid took a cautionary town, perhaps to allay the fears of americans who are wonder how long going off the cliff will affect their paychecks. analysts say taxes on people making between 50,075,000 a year will go up an...
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Dec 28, 2012
12/12
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that is good news, senator mcconnell going to the white house tomorrow, hopefully. but i'm going to ask you about the house of representatives, dana. right now they've been called back to washington, not until sunday, december 30th. now, 48 hours before the fiscal cliff goes over, is that really enough time to get legislation passed, if there's a real deal on the table? >> reporter: is it enough time? probably. if there's really something that is going to pass the senate, and this is a big if, as jessica said, the oddsmakers are definitely seeing the fiscal cliff happening, us going over the fiscal cliff, but if senate does pass something, that would be the next move, then the house could pretty easily take it up and pass it on sunday night or monday morning, on the actual day of december 31st. i think at this point, it's more of a question of optics, and democrats were definitely trying to take advantage today of the fact that the house republican -- the republican-led house, rather, is not here and won't be here until sunday. we all know that what happens here in
that is good news, senator mcconnell going to the white house tomorrow, hopefully. but i'm going to ask you about the house of representatives, dana. right now they've been called back to washington, not until sunday, december 30th. now, 48 hours before the fiscal cliff goes over, is that really enough time to get legislation passed, if there's a real deal on the table? >> reporter: is it enough time? probably. if there's really something that is going to pass the senate, and this is a...
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. >> sources say senate leaders harry reid and mitch mcconnell are drafting a small stopgap plan that could include extending unemployment insurance, protecting 30 million americans from paying the alternative minimum tax, and allowing tax rates to increase on the wealthiest americans. but the issue remains a major sticking point, with many republicans resisting any tax increase. economists says the last minute product -- a process called into question washington's ability to deal with the hard issues of tax reform. >> the prospects for the economy are incredibly dim until we tackle these challenges and put some certainty into the economy and boost confidence. >> meanwhile, americans watch with worry and frustration heard >> i think they are failing as. i am so sick and tired of them. >> is it the equivalent of worrying about your mortgage after you are homeless. it is a sad. they have a job to do and they are not doing it. >> tomorrow morning, president obama will be david gregory's guest on "meet the press". you can catch his interview on 11 news at 10:00 a.m. now to today's storm,
. >> sources say senate leaders harry reid and mitch mcconnell are drafting a small stopgap plan that could include extending unemployment insurance, protecting 30 million americans from paying the alternative minimum tax, and allowing tax rates to increase on the wealthiest americans. but the issue remains a major sticking point, with many republicans resisting any tax increase. economists says the last minute product -- a process called into question washington's ability to deal with...
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Dec 29, 2012
12/12
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democratic harry reid and republican mitch mcconnell. they're working on a mini deal that would prevent a tax increase for roughly lly 98% of american workers. what took so long? >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. >> reporter: the deal comes after the president met with the congressional leaders at the white house. his first such meeting in six weeks. even if mcconnell and reid come to an agreement, no certainty it will pass before the end of the year. extending tax cuts while doing nothing to curb spending or address the long-term deficit crisis. if they fail to pass a mini-deal, almost everyone's income taxes will go up. even if the income taxes are extended virtually all workers are due to see less in their paycheck as the temporary tax increase is set to inspire. the prospects are quote not too promising they'll get to a bipartisan agreement to prevent everyone's taxes from going up. david? >> our chief white house correspondent jon karl. thi
democratic harry reid and republican mitch mcconnell. they're working on a mini deal that would prevent a tax increase for roughly lly 98% of american workers. what took so long? >> the american people are watching what we do here. obviously, their patience is already thin. this is deja vu all over again. >> reporter: the deal comes after the president met with the congressional leaders at the white house. his first such meeting in six weeks. even if mcconnell and reid come to an...
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while senate minority leader mitch mcconnell struck an optimistic tone, senate majority leader harry reid sounded cautious, warning americans whatever they come up with by sunday won't be perfect. after the meeting, president obama made it clear failure is not an option. >> if we don't see an agreement between the two leaders and the senate, i expect a beam to -- bill to go on the floor, and i have asked senator reid to do this, put a bill on the floor that taxes on the middle class families don't go up, that unemployment insurance is available for 2 million people, and that lays the groundwork then for additional deficit reduction and economic growth steps we can take in the new year. >> reporter: if the congressional leaders don't reach a deal by december 31st, the financial markets could one is a bit and, consider this. the current congress is only in session until noon on january third. after that, 13 new senators and 82 new house members would take over and try to solve the problem and that is an overwhelming task out of the gate. back to you. >> thank you for. that. >>> we want
while senate minority leader mitch mcconnell struck an optimistic tone, senate majority leader harry reid sounded cautious, warning americans whatever they come up with by sunday won't be perfect. after the meeting, president obama made it clear failure is not an option. >> if we don't see an agreement between the two leaders and the senate, i expect a beam to -- bill to go on the floor, and i have asked senator reid to do this, put a bill on the floor that taxes on the middle class...
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Dec 29, 2012
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mcconnell and harry reid come up with the deal. they accept it to the house on sunday night, monday morning. what are the chances of them getting their ducks in a row, boehner getting his ducks in a row and us still being able to avoid the krif? >> right. we should have a better sense of that by tomorrow afternoon when they start to reconvene. speaker boehner made it clear at the meeting at the white house on friday, anything that the senate passes will be considered by the house, might be amended, might be changed a bit. has to go back to the senate quick for changes. but he said will indeed be considered. the question, can perhaps all the democrats plus at least some republicans, come together to pass something while a bunch of conservative republicans will oppose it, because it's raising taxes for one thing. >> the issue of taxes, is this a consequence of really what happens with bush 41? who is recovering in the hospital, by the way, right now and certainly our thoughts are with him. when he broke that pledge, read my lips, no
mcconnell and harry reid come up with the deal. they accept it to the house on sunday night, monday morning. what are the chances of them getting their ducks in a row, boehner getting his ducks in a row and us still being able to avoid the krif? >> right. we should have a better sense of that by tomorrow afternoon when they start to reconvene. speaker boehner made it clear at the meeting at the white house on friday, anything that the senate passes will be considered by the house, might...
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Dec 24, 2012
12/12
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what about senate minority leader mitch mcconnell? >> well, the thing at this point and i'm told by sources is that there really are no negotiations going on between senator mitch mcconnell, the republican leader in the senate, and senator majority leader harry reid, in hawaii for the funeral of daniel inouye and is now on his way back to washington. it would come down to the senate doing something. there would be a possibility that senate mcconnell might allow this bill i mentioned that i already passed in july, was a threshold for tax hikes, being at the $250,000 level, he may allow democrats to say, the house has to take this, or if there is some sort of vote on another measure, while mitch mcconnell would be unlikely to personally support it, perhaps he might let some of his republican senators do that, now, this is sort of thinking, coming from democrats, this is not something that mitch mcconnell at this point is planning to do, and it's very much unclear. the fact is, though, it doesn't just matter what the senate does, don. th
what about senate minority leader mitch mcconnell? >> well, the thing at this point and i'm told by sources is that there really are no negotiations going on between senator mitch mcconnell, the republican leader in the senate, and senator majority leader harry reid, in hawaii for the funeral of daniel inouye and is now on his way back to washington. it would come down to the senate doing something. there would be a possibility that senate mcconnell might allow this bill i mentioned that...
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Dec 30, 2012
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. >> reporter: with that harry reid and mitch mcconnell launched a latch-dimp effort to craft a bipt plan to that stop the tax hike going into effect on new year's day. they negotiated all day saturday. saturday night there was an offer. by this morning, a clear sense of optimism and warnings that failure would be unthinkable. >> there are no breakthroughs yet, but there's a real possibility of a deal. >> if we are not able to reach an agreement, it will be dire. >> the morning's optimism turned into the afternoon's pessimism. the senate opened for business at 1:00 p.m. with the ominous prayer from the chaplain. >> look with favor on our nation and save us from self-inflicted wounds. >> reporter: soon democratic leader reed acknowledged he had not been able to make a counteroffer to republicans. >> it's just that we're apart on some pretty big issues. >> frustrated with the impasse, republican mcconnell said he called vice president biden, urging him to get involved. >> i'm concerned about the lack urgency here. i want erch to know i'm willing to get this done, but i need a dance par
. >> reporter: with that harry reid and mitch mcconnell launched a latch-dimp effort to craft a bipt plan to that stop the tax hike going into effect on new year's day. they negotiated all day saturday. saturday night there was an offer. by this morning, a clear sense of optimism and warnings that failure would be unthinkable. >> there are no breakthroughs yet, but there's a real possibility of a deal. >> if we are not able to reach an agreement, it will be dire. >> the...
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Dec 28, 2012
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senate majority leader harry reid, house minority leader nancy pelosi, senate minority leader mitch mcconnell, and house speaker john boehner. have four dates to reach an agreement, but the u.s. economy would go off a fiscal cliff. that's when automatic spending increases and spending cuts would take effect. -- a deal will not be easy, because both sides are involved in a high-stakes political blame game. >> we are here in washington working while the members of the house of representatives are out watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here. >> i told the president we would be happy to look at whatever he proposes. the truth is we are coming up against a hard deadline. this is a conversation we should have had months ago. clerk democrats want to extend bush-era tax cuts to everyone except those americans making to a hundred $50,000 or more per year. many republicans are against any tax increases. -- democrats want to extend bush-era tax cuts to everyone except those americans making $250,000 per year. >> d.c. mayor vince
senate majority leader harry reid, house minority leader nancy pelosi, senate minority leader mitch mcconnell, and house speaker john boehner. have four dates to reach an agreement, but the u.s. economy would go off a fiscal cliff. that's when automatic spending increases and spending cuts would take effect. -- a deal will not be easy, because both sides are involved in a high-stakes political blame game. >> we are here in washington working while the members of the house of...
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Dec 30, 2012
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from the senate floor words of optimism from minority leader mitch mcconnell. >> we are engaged in discussions, the majority leader and myself in the white house in the hopes that we can come forward as early as sunday and have a recommendation. >> reporter: senate majority leader harry reid took a cautionary tone, perhaps to allay the fears of americans who are wondering how going off the cliff will affect their paychecks. analysts say taxes on people making between 50,000 and $75,000 a year will go up an average of $2400. >> whenever we come up -- whatever we come up is going to be imperfect. some people aren't going to like it, some people will like it less but that's where we are. i feel confident that we have an obligation to do the best we can and that was made very clear in the white house. >> reporter: president obama says it's important for congress to vote on some type of package before the fiscal cliff deadline expires. >> if an agreement isn't reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a basic package for an upor
from the senate floor words of optimism from minority leader mitch mcconnell. >> we are engaged in discussions, the majority leader and myself in the white house in the hopes that we can come forward as early as sunday and have a recommendation. >> reporter: senate majority leader harry reid took a cautionary tone, perhaps to allay the fears of americans who are wondering how going off the cliff will affect their paychecks. analysts say taxes on people making between 50,000 and...
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Dec 28, 2012
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WUSA
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the president said he is urging the senate leaders, reid and mcconnell to come back to him with a plan by sunday. he says if they're unable to do that, then he is demanding that his backup proposal from last week allowing tax rates to rise for those making $250,000 and extending unemployment we was for 2 million jobless americans whose benefits will run out on january 1st, he wants that proposal to go to the house and the senate, the senate first, and demands an up or down vote. >> if you can get a majority in the house and a majority in the senate, then we should be able to pass a bill. so the american people are watching what we do here. obviously their patience is already thin. this is deja vu all over again. >> again, the president reiterated he wants that up or down vote and says that the american public deserves it. the president's remarks came after an hour meeting -- let me try that again. the president's remarks came an hour and a half after he finished a white house talking session on the fiscal cliff with republican leaders john boehner and mitch mcconnell and democratic lea
the president said he is urging the senate leaders, reid and mcconnell to come back to him with a plan by sunday. he says if they're unable to do that, then he is demanding that his backup proposal from last week allowing tax rates to rise for those making $250,000 and extending unemployment we was for 2 million jobless americans whose benefits will run out on january 1st, he wants that proposal to go to the house and the senate, the senate first, and demands an up or down vote. >> if you...
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Dec 30, 2012
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mike, you just got new details 23r* mitch mcconnell. what are they? >> that's right. discussions have been taking place all day. both sides have been trading paper, ideas and that talks continue. we understand legislative staff will continue working into this evening. meanwhile, huer is a fair and balanced look at where things stand. >> i do think that something will happen over the next few days relative to the revenue piece. hopefully we can rescue most americans from a tax increase. but what we haven't dealt with again is the spending component. jay we just can't afford -- >> we just can't afford a politically self-inflicted wound to our economy. keeping it that way means folks you sent to washington have to do their jobs. the housing market is healing, but that could stall as folks are seeing smaller paychecks. >> with time running out, it sounds like conservatives may have to fight spending when raising the debt ceiling is the new fight in the new year. harris? >> mike, democrats say they know they need republican help to get this through. they are counting on a
mike, you just got new details 23r* mitch mcconnell. what are they? >> that's right. discussions have been taking place all day. both sides have been trading paper, ideas and that talks continue. we understand legislative staff will continue working into this evening. meanwhile, huer is a fair and balanced look at where things stand. >> i do think that something will happen over the next few days relative to the revenue piece. hopefully we can rescue most americans from a tax...
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Dec 29, 2012
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mitch mcconnell is a tough place and this is the underreported part of the story. he has to figure out a deal that gets through the senate and doesn't make john boehner look too bad in the house and there are a lot of conservatives in the house that don't want to do any type of deal that would raise taxes on anybody even though they'll go up on the entire country the first tax hike in 20 years after monday night. >> and one would also assume that mitch mcconnell would have to back a grant, he could face a primary fight if this thing -- >> you touched on one of the great sub plots of these entire negotiations is personal things that boehner and mcconnell have in these negotiations. obviously, mcconnell doesn't want to have someone on the right come after him because he was in favor of a tax hike and john boehner's re-election as speaker of the house. and that would come across as a vote of no confidence. very embarrassing and they don't expect it happening and there's a lot at stake for mitch mcconnell and john boehner personally. great point you brought up. >> if t
mitch mcconnell is a tough place and this is the underreported part of the story. he has to figure out a deal that gets through the senate and doesn't make john boehner look too bad in the house and there are a lot of conservatives in the house that don't want to do any type of deal that would raise taxes on anybody even though they'll go up on the entire country the first tax hike in 20 years after monday night. >> and one would also assume that mitch mcconnell would have to back a...
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>> i think if mcconnell is onboard he will bring a lot of republican votes. the democrats are by and large if the president supports it they will back their president. there could be enough votes in the house, speaker john boehner talked about amending that bill. i think if it gets a 70 to 30 senate vote i think i it get te votes in it the house to pass but it might not happen until after january 3, january 4. >> i want to ask you about what ed henry was just reporting. president obama says either a deal is reached or you vote on the short-term stop gap measure. if republicans fail to pass it i'm summarizing it's their fault. so the president kind of tossing the ball into the republican's camp, placing blame on them. in your opinion s that presidential leadership? >> the republicans have gone after the president that he has deferred to congress on this is that he was unable to strike a deal between -- with speaker boehner and now it is to reid and mcconnell. on one hand, obama is criticizing the congress but also giving them the responsibility to come up with
>> i think if mcconnell is onboard he will bring a lot of republican votes. the democrats are by and large if the president supports it they will back their president. there could be enough votes in the house, speaker john boehner talked about amending that bill. i think if it gets a 70 to 30 senate vote i think i it get te votes in it the house to pass but it might not happen until after january 3, january 4. >> i want to ask you about what ed henry was just reporting. president...
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minority leader mitch mcconnell to ensure no republicans block the bill. for house speaker john boehner to agree to bring it to a vote on the house floor, and leader nancy pelosi to produce the huge number of democrats needed to pass it. but if that plan falls through -- >> then i will urge senator reid to bring to the floor a basic package for an up or down vote. >> the president's basic package has much more for democrats to like. so don't expect that to get very far. but all sides now agree the senate must first pass a bill before the house makes any kind of move. so all eyes will be on mitch mcconnell and harry reid and their negotiators holed up on capitol hill. the senate comes back into session at 1:00 on sunday. >> jessica yellin, thanks. >>> and with the pressure now squarely on the senate to fix the fiscal cliff, they will lead the talks this weekend. a period of time reid calls, quote, very important, mcconnell says he's hopeful both sides will have a plan to present to their respective members as early as tomorrow. and other republican and demo
minority leader mitch mcconnell to ensure no republicans block the bill. for house speaker john boehner to agree to bring it to a vote on the house floor, and leader nancy pelosi to produce the huge number of democrats needed to pass it. but if that plan falls through -- >> then i will urge senator reid to bring to the floor a basic package for an up or down vote. >> the president's basic package has much more for democrats to like. so don't expect that to get very far. but all...
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mcconnell, from the way i read it, mcconnell and reid took it away from the president and said , let us to work our own deal by ourselves, kind o cutting him out of the negotiations. >> that's basically it. with the president said was, you can come up with an alternative plan, one that can pass both houses of congress. if not, the president wants a vote on his plan only in the senate and inthe house. the house leaders were non-committal. you also go back to the first time the bush tax cuts were expiring back in 2010, that was a deal cut between vice president joe biden and minority leader mitch mcconnell at that time where they stand at all the tax cuts and apparel tax cut and the unemployment benefits. so the leader coming in again trying to up for some type of compromise and get to the senate. for now the white house is letting the senate worked its magic. tom: interesting. but you very much. well, r-texas congressman michael burgess says we need much deeper spending cuts than anyone is talking about. congressman, you know what they say, well, no, no, this austerity stuff will put
mcconnell, from the way i read it, mcconnell and reid took it away from the president and said , let us to work our own deal by ourselves, kind o cutting him out of the negotiations. >> that's basically it. with the president said was, you can come up with an alternative plan, one that can pass both houses of congress. if not, the president wants a vote on his plan only in the senate and inthe house. the house leaders were non-committal. you also go back to the first time the bush tax...
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and interesting plan from senator mcconnell, the minority leader in the senate, republican leader has said maybe we can do what we did last time which is bailout congress to vote against it but still went forward. normally congress has to approve the debt ceiling going forward and mcconnell saying let it go forward and let congress vote against it, the majority won't vote against it and allow people to get on record saying i don't really like this. dennis: they know it will pass and they don't have to be responsible by defaulting on the debt. president obama's move to say let's take this out of congress and let me have sole authority to lift the borrowing authority whenever one won't fly. >> there have been a lot of shenanigans around this in the past. the conversation is when we are doing spending. when we are passing appropriations is the time to say should we spend this money or not? they are deciding to spend the money and don't want to pay the bill and that is not the right time to have this conversation. shibani: is not in the household or the government. thank you very much, ha
and interesting plan from senator mcconnell, the minority leader in the senate, republican leader has said maybe we can do what we did last time which is bailout congress to vote against it but still went forward. normally congress has to approve the debt ceiling going forward and mcconnell saying let it go forward and let congress vote against it, the majority won't vote against it and allow people to get on record saying i don't really like this. dennis: they know it will pass and they don't...
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the question becomes is what is it and does mcconnell, senate minority leader actually let senator reid get a bill off the floor of the united states senate and -- by the end of the week or saturday or sunday. if that's the case, that's fine. guess what. it doesn't matter what the senate comes up with. the house is still not going to pass it. john boehner can't. he just can't pass a bill off his floor with a majority democrats and 20 republicans. >> the house already voted to extend all of the bush tax cuts. >> and the senate -- >> house leaders are right to say the ball is in the senate's court. until they act we can't know -- what kind of deal we come up with. >> the ball is always in the senate's court. that's how it works. >> you are both argue being process. here is what i don't understand. i stay to democrats that come on, what p the republicans voted to extend taxes on everybody that you want, would you means test social security and medicare? the vast majority say oh, no, no, no, no. >> not this democrat. i would absolutely support it. >> unfortunately you are not in congress. >
the question becomes is what is it and does mcconnell, senate minority leader actually let senator reid get a bill off the floor of the united states senate and -- by the end of the week or saturday or sunday. if that's the case, that's fine. guess what. it doesn't matter what the senate comes up with. the house is still not going to pass it. john boehner can't. he just can't pass a bill off his floor with a majority democrats and 20 republicans. >> the house already voted to extend all...
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mitch mcconnell is stepping in. can he save the day? super mcconnell. a life report from washington in just moments russia's president vladimir putin trying to settle a score with the united states. we're explain. >> then the oak ridge boys phoning in a very special performance for president george h.w. bush in the hospital. ♪ amazing grace ♪ how sweet the sound. >> clayton: "fox & friends" hour three starts right now. i feel so good after my workout three minutes sitting down. >> clayton: sugary coffee. >> juliet: that's right. >> clayton: you are good for 2012 welcome in to "fox & friends" on this saturday morning. good to see you. >> are you modestly optimistic. the president is. countdown to the fiscal cliff. there are some signs of hope this morning. and it oob thanks to republican senate minority leader mitch mcconnell. peter doocy live in washington with the very latest. peter, i guess they reconvene 1:00 tomorrow which leads them oh tons of time to avert that fiscal cliff you are hearing from administration officials down here that republica
mitch mcconnell is stepping in. can he save the day? super mcconnell. a life report from washington in just moments russia's president vladimir putin trying to settle a score with the united states. we're explain. >> then the oak ridge boys phoning in a very special performance for president george h.w. bush in the hospital. ♪ amazing grace ♪ how sweet the sound. >> clayton: "fox & friends" hour three starts right now. i feel so good after my workout three minutes...
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he's urging senators reid and mcconnell to come up with some sort of a plan. if that does not work and they don't many up with a plan, his next option is to urge senator reid to put to the senate a simple up-or-down vote on a slimmed down plan that will prevent taxes from rising on middle class americans and based on unemployment insurance benefits. there you have it. that's the very latest at this point, again, senatored reid and mcconnell hard at work hopefully on some sort of a deal. and the next time we'll hear from the president will be on the "meet the press" on nbc. a lot could happen in the next 24/48 hours. >> this is a typical pattern of the president. outsourced obama care, outsourced the stimulus bill. left this to congress, to do all the major works he wanted, left it to them. now he's handing it over. he's the only western this afternoon who doesn't have to bow to the god of re-election, he, if anyone, could compromise, he doesn't have to worry about getting re-elected again. that's driving decision making on both sides when it comes to congress,
he's urging senators reid and mcconnell to come up with some sort of a plan. if that does not work and they don't many up with a plan, his next option is to urge senator reid to put to the senate a simple up-or-down vote on a slimmed down plan that will prevent taxes from rising on middle class americans and based on unemployment insurance benefits. there you have it. that's the very latest at this point, again, senatored reid and mcconnell hard at work hopefully on some sort of a deal. and the...
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>> senator mcconnell's probably in the best position. he's in very close touch with the president, the white house and democrats in both the senate and the house have been in very close coordination throughout this. they have been in lockstep. it was interesting to note that when we saw the plan "b" chaos just before christmas the house democrats stood firm. they stood united. historically, that's not the play of the democratic party but that does seem to be where the democrats are right now. the president is back today so there can be an opportunity for some discussions to resume. but boehner has made it clear that's it up to the senate at least in his opinion to make the next move. >> david, senator reid today accused speaker boehner of ca caring more about his job than, quote, keeping america on firm financial footing. >> right. >> that's the quote there. congressman tom cole asked about that earlier today. this was his answer. take a listen. >> he had the complete support of everybody for plan "b" and support in terms of speakership
>> senator mcconnell's probably in the best position. he's in very close touch with the president, the white house and democrats in both the senate and the house have been in very close coordination throughout this. they have been in lockstep. it was interesting to note that when we saw the plan "b" chaos just before christmas the house democrats stood firm. they stood united. historically, that's not the play of the democratic party but that does seem to be where the democrats...
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an aide to senate minority leader mitch mcconnell says the republican senator is eager, quote-unquote, to hear from the president. >>> house lawmakers are heading back to washington ahead of a deal. john boehner called the house back into session for a rare sunday evening session. boehner says it's up to the senate to act. he says the house has done its part to -- it would extend existing tax cuts for all americans. >>> federal workers are told to take steps to prepare for possible furloughs if spending cuts that would be part of the fiscal cliff take effect. the office of personnel management issued new guidelines which state that employees will be given at least 60 days' notice before any furloughs of more than 22 days. they'll receive 30 days' notice for furloughs shorter than that. workers will also not be allowed to use other forms of paid time off like sick leave. >>> investors overseas appear to be optimistic about the -- the nikkei index hit the highest mark since march of last year. markets in hong kong, south korea and australia are also up today. >>> new this morning, iran
an aide to senate minority leader mitch mcconnell says the republican senator is eager, quote-unquote, to hear from the president. >>> house lawmakers are heading back to washington ahead of a deal. john boehner called the house back into session for a rare sunday evening session. boehner says it's up to the senate to act. he says the house has done its part to -- it would extend existing tax cuts for all americans. >>> federal workers are told to take steps to prepare for...
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john boehner and mitch mcconnell representing the republicans. brianna keilar live now from washington. great to see you. house doesn't return to work until sunday. logistically speaking here, is there still enough time to work out a deal? >> i will tell you logistically speaking, logistically speaking, yes. politically speaking, very much unclear, there's a growing amount of pessimism about whether or not that can be done. we've been talking for days about how eyes are on the senate to see what harry reid cobbles together to try to get republican support in the senate and house. he's saying it's hard to see how this can get done by january 1st. so we're seeing a lot of managing of expectations and certainly a lot of posturing on both sides as it appears they're getting ready to play the blame game should we go over the cliff. listen to both sides. >> republicans are not about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> we are here in washington working while the mem
john boehner and mitch mcconnell representing the republicans. brianna keilar live now from washington. great to see you. house doesn't return to work until sunday. logistically speaking here, is there still enough time to work out a deal? >> i will tell you logistically speaking, logistically speaking, yes. politically speaking, very much unclear, there's a growing amount of pessimism about whether or not that can be done. we've been talking for days about how eyes are on the senate to...
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senators reid and mcconnell talking past each other. sounds like we're not exactly close to a fiscal cliff resolution at this point. >> yeah. what does it all mean for wall street? will it be an ugly day? michael guyette from pension partners and michael farr from farr miller in washington and our very own rick santelli. michael, i'll get to you in a minute. the markets moved up and closed marginally in the red on the news the house will reconvene on sunday night. i get the feeling that all of that back and forth between senators reid and mcconnell, had that come out during market hours, the market would have reacted very differently. so far apart. i didn't hear anything in the way of compromise there. >> even before of the house meeting, marks were down 1.2%. that's noise but not really a panic. the result of the fiscal cliff here is not risk off. it's risk protation into those areas of the investable landscape. look at emerging markets, lock at europe. they are decoupling. if anything, price is still very bull ir. i would rather liste
senators reid and mcconnell talking past each other. sounds like we're not exactly close to a fiscal cliff resolution at this point. >> yeah. what does it all mean for wall street? will it be an ugly day? michael guyette from pension partners and michael farr from farr miller in washington and our very own rick santelli. michael, i'll get to you in a minute. the markets moved up and closed marginally in the red on the news the house will reconvene on sunday night. i get the feeling that...
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i'm confident senator mcconnell will do the same. but everybody, this is whatever we come up with is going to be imperfect. >> and t.j., there's a lot of pressure on lawmakers and on the president to get something done. we've already seen the markets impacted by this. a lot of americans have just expressed frustration and concern over what's going to happen to their tax rates in the new year if in fact lawmakers can't get a deal. so there's a lot of public pressure to get something done on this. and of course, time is really running out. t.j.? >> kristen welker for us at the white house. thank you so much. and joining me now with some inside perspective, there he is smiling this morning, democratic congressman elijah cummings a ranking member of the oversite committee. you are in baltimore, maryland right now. >> that's right. >> when are you heading back to washington, d.c.? >> i'll be in washington sometime later on this afternoon. >> and sir, what are you going to do when you get there? >> well, sadly, t.j., the house is in a posi
i'm confident senator mcconnell will do the same. but everybody, this is whatever we come up with is going to be imperfect. >> and t.j., there's a lot of pressure on lawmakers and on the president to get something done. we've already seen the markets impacted by this. a lot of americans have just expressed frustration and concern over what's going to happen to their tax rates in the new year if in fact lawmakers can't get a deal. so there's a lot of public pressure to get something done...
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senator mcconnell got less than a million, 954,000 and senator reid, 363,000. a man whos had got 65 million votes has handed off the leadership of this key issue to two men combined who haven't gotten even 1.5 million votes. they represent fewer than 1.5 million people in america and he's seated leadershceded leade. why? >> obama has all of the power right now. the president had a meeting with congressional leaders and he knows at the end of the day what he wants that 250 threshold unemployment insurance extension, he's going to probably get it. he's going on "meet the press" first time he's going on in three years to put his foot on the republicans and senate republicans to say as this deadline approaches what will you do? will you prevent a small extension of tax rate increases. i'm offering you 250. are you going to take it or leave it. that's hard ball politics. that's what obama is doing now. he's not ceding power. he's letting them haggle over the threshold and he's ending this argument and this debate. >> all right, gentlemen. good discussion. great to h
senator mcconnell got less than a million, 954,000 and senator reid, 363,000. a man whos had got 65 million votes has handed off the leadership of this key issue to two men combined who haven't gotten even 1.5 million votes. they represent fewer than 1.5 million people in america and he's seated leadershceded leade. why? >> obama has all of the power right now. the president had a meeting with congressional leaders and he knows at the end of the day what he wants that 250 threshold...
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mcconnell in your talks. my sources have said that those talks went very well and they've restarted the talks now between reid and mcconnell. now, it's going to go probably late tonight, late tonight. we'll have to see. >> okay. we're going to have to leave it there. that wraps things up for me. we continue to wait for a deal to be reached on capitol hill to avoid the fiscal cliff. you're watching msnbc, the place for politics. better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressur
mcconnell in your talks. my sources have said that those talks went very well and they've restarted the talks now between reid and mcconnell. now, it's going to go probably late tonight, late tonight. we'll have to see. >> okay. we're going to have to leave it there. that wraps things up for me. we continue to wait for a deal to be reached on capitol hill to avoid the fiscal cliff. you're watching msnbc, the place for politics. better. so now i can be in the scene. advair is clinically...
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republicans mitch mcconnell and john boehner. those four members of congress are expected to make the drive from the capital, which you see on the right, down pennsylvania avenue, to the white house, there on the left. and we expect them to enter through a side door on the west side of the mansion. that's the entrance right there. and they'll meet with the president. in the oval office. beginning, we're told, at 3:00 p.m., less than one hour from now. and just four days ahead of the so-called fiscal cliff. so a very big moment in the nation's capital. and to walk us through what might happen we turn to jessica yellin, a chief white house correspondent. jessica, we said up front, it is a long shot, give us a best case scenario. >> reporter: the best case scenario would be that all the leaders walk out of this meeting and say they have a deal. the two senators say they can bring it to a vote, and none of their members will filibuster it. house speaker john boehner says he will bring it to the house floor for a vote before new year'
republicans mitch mcconnell and john boehner. those four members of congress are expected to make the drive from the capital, which you see on the right, down pennsylvania avenue, to the white house, there on the left. and we expect them to enter through a side door on the west side of the mansion. that's the entrance right there. and they'll meet with the president. in the oval office. beginning, we're told, at 3:00 p.m., less than one hour from now. and just four days ahead of the so-called...
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mitch mcconnell went to the senate floor and said his hopeful and optimistic. those are two words we have not heard much of in the past couple of weeks. everyone hoping there will be a deal before january 1. rebecca cooper, abc 7 news. >> we will continue to follow the fiscal cliff negotiations and any new developments to come. for more coverage, what world news but here tonight at 6:30. >> charges pending against three people involved a police case that ended with a crash in southeast d.c. today. d.c. police said the suspect stole a car in landover and allegedly stole items from cars and other locations. a police chase followed, and the suspect fled in a stolen car. the driver lost control, hit another car and slanted to a metro bus near the intersection of wheeler and southern have occurred. several people were injured in the crash. all three suspects are now in police custody. two man charged with brutally beating a man near eastern markets last august have pleaded not guilty. the co two are demanding a jury trial and wilbur current -- return to court for a
mitch mcconnell went to the senate floor and said his hopeful and optimistic. those are two words we have not heard much of in the past couple of weeks. everyone hoping there will be a deal before january 1. rebecca cooper, abc 7 news. >> we will continue to follow the fiscal cliff negotiations and any new developments to come. for more coverage, what world news but here tonight at 6:30. >> charges pending against three people involved a police case that ended with a crash in...
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guest: senator mcconnell is a pro at this kind of negotiation. he's going into this white house meeting saying, give us your proposal, let us see what you want to do, we will be willing to look at whatever you present. the potential problem is what the white house will present is something they are presented before that senator mcconnell has said no to. either the white house will get more creative so that they will have something host: they can look at this photograph of the democratic leader harry reid in the "new york times, returning to the u.s. capitol. his shadow. what's the relationship between harry reid and mitch mcconnell? guest: it's hard to tell. the rhetoric on the senate floor can be pretty tough. they call each other my dear friend whenever you want them on the c-span channels, but i think they both are in a frustrating position. senator harry reid does not have more than 60 members, so we cannot block a filibuster but senator mcconnell is adept at applying in cases where he'd want to block legislation. but i think they both have r
guest: senator mcconnell is a pro at this kind of negotiation. he's going into this white house meeting saying, give us your proposal, let us see what you want to do, we will be willing to look at whatever you present. the potential problem is what the white house will present is something they are presented before that senator mcconnell has said no to. either the white house will get more creative so that they will have something host: they can look at this photograph of the democratic leader...
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now we're talking about reid and mcconnell and the senate. has john boehner been deemed powerless by the developments and what the house voted and did not vote on that million dollars threshold? >> well, i don't know that i'd say powerless because if it does pass the senate he becomes quite powerful, but he's definitely on the sidelines on this president, and that may be just as well, quite frankly because i have to say if you bet on boehner and obama getting into a room together and making a deal, you'd have lost a lot of money over the last couple of years. on the other hand, when reid and mcdonnell, the two senate leaders get into a room together, they somehow seem to be able to find an accommodation. i think there's much more for compromise with the senate leaders. let them make a deal, i'm sure reid is talking to the president and conversely, mcconnell is talking to boehner what they can go for, but probably to have the actual deal making going on between the two senate leaders. >> dave: chris, i want to say farewell, last time i'll chat
now we're talking about reid and mcconnell and the senate. has john boehner been deemed powerless by the developments and what the house voted and did not vote on that million dollars threshold? >> well, i don't know that i'd say powerless because if it does pass the senate he becomes quite powerful, but he's definitely on the sidelines on this president, and that may be just as well, quite frankly because i have to say if you bet on boehner and obama getting into a room together and...
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is seen as an aa last-minute attempt president obama has called a meeting with nancy pelosi, mitch mcconnell, john boehner, and harry reid. they have before you are days to reach an agreement or the u.s. economy will go off the fiscal cliff. s when automatic spending increases and spending cuts would take effect. -- a deal will not be easy, because both sides if are involved in a high-stakes political blame game. >> we are here in washington working. the members of the house of representatives are out watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here. >> i told the president will be happy to look at whatever he proposes but the truth is we are coming up against a hard deadline. as i said, this is a conversation we should have had months ago. >> democrats want to extend bush-era tax cuts to everyone except those americans making $250,00 or more per year. many republicans are against any tax increases. most americans just want something to be done. >> people are tired of partisanship and they want everyone to come together. >> i
is seen as an aa last-minute attempt president obama has called a meeting with nancy pelosi, mitch mcconnell, john boehner, and harry reid. they have before you are days to reach an agreement or the u.s. economy will go off the fiscal cliff. s when automatic spending increases and spending cuts would take effect. -- a deal will not be easy, because both sides if are involved in a high-stakes political blame game. >> we are here in washington working. the members of the house of...
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>> it depends really what mcconnell and reid really broker. if it's something that's a good deal that we can move to the new year and start looking at structural entitlement reform, then we'll take it. i completely disagree with alexis, by the way. the president is not showing leadership with this deal. what he's trying to do is push the blame on the house republicans and break them. he's not interested in just winning this issue. he's interested in getting his agenda through which includes more regulation, gun control possibly, and immigration reform. all he wants to do is win the blame game. he's not interested in leadership because if he was interested in leadership, he would have brokered from the beginning in good faith and because he just ignores entitlement reform, he's kidding himself. >> heather: alexis, i'll let you respond to that. because when it comes to spending cuts, president obama says his own, his own words, quote, lays the groundwork for that in the future. the last big budget deal in the summer of 2011, it ended with precis
>> it depends really what mcconnell and reid really broker. if it's something that's a good deal that we can move to the new year and start looking at structural entitlement reform, then we'll take it. i completely disagree with alexis, by the way. the president is not showing leadership with this deal. what he's trying to do is push the blame on the house republicans and break them. he's not interested in just winning this issue. he's interested in getting his agenda through which...
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> and to the point and avoid the fiscal cliff. >> kelly: but to mark's point, angela, senator mitch mcconnell is known for having good brinksmanship and getting it deal done. >> we're on the brink. >> that's what i said earlier in the interview, we're going to get a deal done, it's going to be because of mitch mcconnell and boehner working with the democrats that we don't go over the fiscal cliff, however, republicans are going to have to acquiesce, we will have some tax hikes, i think probably 750,000 and above i think that's the number, but what republicans are holding back the debt ceiling debate and cutti cutti cutting entitlement programs and they're going to use that later in the year. >> kelly: mark, the final word. >> if angela's prediction sort of come through-- and i hope it does, the republicans and senate negotiate, and republicans and congress will be responsible for the largest tax increst on all americans in modern american history and that would be unfortunate and soon talk about obama tax cuts when we talk about the middle class america. >> kelly: and the 113th congress comin
> and to the point and avoid the fiscal cliff. >> kelly: but to mark's point, angela, senator mitch mcconnell is known for having good brinksmanship and getting it deal done. >> we're on the brink. >> that's what i said earlier in the interview, we're going to get a deal done, it's going to be because of mitch mcconnell and boehner working with the democrats that we don't go over the fiscal cliff, however, republicans are going to have to acquiesce, we will have some tax...
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Dec 28, 2012
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mitch mcconnell voted for tarp i could go on and on. for all of the tough talk, look at the word hopeful or optimistic. it is there. host: we will john boehner face a challenge to speaker? guest: there is grumbling, but the feeling is no. i did not think so. one of the most significant things that happened, going back to that press conference one week ago when the talk was in the air, eric cantor stood by his side, and that was a signal that if anybody is going to challenge him, it might be eric cantor. he will not challenge. he is absolutely on board. host: david lightman, thank you as always for being with us. guest: thank you for having me. host: we will check in with you again and your dog. every friday we look at america by the numbers. today, we want to focus on the issue of hunger in america. "washington journal" continues. negotiations are resuming this afternoon at 3:00 p.m. eastern time. [applause] >> there are cynics said that a party platform is something nobody bothers to read and it does not amount to much. whether it is d
mitch mcconnell voted for tarp i could go on and on. for all of the tough talk, look at the word hopeful or optimistic. it is there. host: we will john boehner face a challenge to speaker? guest: there is grumbling, but the feeling is no. i did not think so. one of the most significant things that happened, going back to that press conference one week ago when the talk was in the air, eric cantor stood by his side, and that was a signal that if anybody is going to challenge him, it might be...